Carta Healthcare’s $17.3 Million Series A Financing

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Carta Healthcare on the deal.

Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, announced a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical Ventures also participated in the round.

Carta Healthcare uses industry-leading artificial intelligence (AI) technology to collect, analyze, and act upon clinical data. Through natural language processing and machine learning, Carta’s technology dramatically reduces the labor associated with manual data abstraction processes typically required to curate trustworthy, actionable datasets. By transforming the abstraction process and layering powerful analytic capabilities, Carta fuels data-driven healthcare decisions that improve patient care. The funding will be used to expand the expert clinical and technical team, who are working to make healthcare data actionable. Further, the funding will enable new partnerships, finding new ways to leverage data for better patient health.

The Gunderson deal team was led by Andy Bradley (Picture) and included Christina Lee, Travis Glock and Meredith Burke.

 

 

Involved fees earner: Andy Bradley – Gunderson Dettmer; Travis Glock – Gunderson Dettmer; Christina Lee – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: Carta Healthcare;

Print Friendly, PDF & Email
Martina Bellini

Author: Martina Bellini